“An industrial policy worked in Taiwan only because the state was able to shield its planning technocrats from political pressures so that they could reinforce the market and make decisions according to criteria of efficiency—in other words, worked because Taiwan was not governed democratically. An American industrial policy is much less likely to improve its economic competitiveness, precisely because America is more democratic than Taiwan or the Asian NIEs. The planning process would quickly fall prey to pressures from Congress either to protect inefficient industries or to promote onesfavored by special interests.”

“The people of this country want an industrial policy that is for America and Americans.”

“I work in a restaurant in an airport in Taiwan. I am eighteen years old and I don’t like my job because everyone gets on planes and leaves. And I want to leave too.”

“If the Socialism is Authoritarian; if there are Governments armed with economic power as they are now with political power; if, in a word, we are to have Industrial Tyrannies, then the last state of man will be worse than the first. ”

“There is still a tendency to regard any existing government intervention as desirable, to attribute all evils to the market, and to evaluate new proposals for government control in their ideal form, as they might work if run by able, disinterested men free from the pressure of special interest groups.”

“On the one hand, the Republicans are telling industrial workers that the high cost of food in the cities is due to this government's farm policy. On the other hand, the Republicans are telling the farmers that the high cost of manufactured goods on the farm is due to this government's labor policy.That's plain hokum. It's an old political trick: "If you can't convince 'em, confuse 'em." But this time it won't work.”